🌍 International student fees are a critical revenue stream but can also be a gateway for sophisticated money-laundering tactics. Are you aware of the hidden risks? In our latest article, we dive deep into the challenges schools face and how a robust payment system can be the shield your institution needs. 🛡️ Discover fraudsters' tactics and learn how to protect your school’s financial integrity. 🔗 Click the link to read the full article: https://lnkd.in/gZSFVJuS #HigherEducation #Compliance #AntiMoneyLaundering
PayMyTuition’s Post
More Relevant Posts
-
⚠ Attention international students and universities! [https://lnkd.in/eTp56VSY] Beware of a growing scam targeting international student payments! Fraudsters posing as agents are offering to handle your fees, but here’s the trick: they only pay 1p and doctor the paperwork to look like the full amount was paid. Later, you find out your fees weren’t covered, and you’ve lost your money. ❓ How it works: 1. A scammer poses as an agent, offering to pay your fees. 2. They make a 1p transaction to get a receipt. 3. They alter the receipt to show a larger amount and ask for more money from you. 4. You end up paying them, thinking your fees are covered, but they’re not. 🚨 Don’t get duped! 1. Always verify transactions directly with your university. 2. Be cautious of deals that seem too good to be true. 3. Only work with trusted and verified agents. 📢 Stay informed and protect yourself from scams! Read about other common scams and tips to prevent them on our blog 👉 https://lnkd.in/eTp56VSY #StudentSafety #FightFraud #FraudAwareness #StayAlert #1pscam #ConveraCares #FinEdu
The New Face of Fraud
To view or add a comment, sign in
-
The Importance of a Reliable Payment Provider Enhancing Security and Compliance A reliable payment provider secures transactions and ensures compliance with laws and regulations, protecting funds and minimizing legal risks. Streamlining Financial Transactions For colleges and universities, an efficient payment provider consolidates various student fees, simplifying financial management. Supporting Academic Continuity Prompt and efficient payment handling by a reliable provider ensures that tuition delays do not disrupt students' education.
To view or add a comment, sign in
-
Teens can start saving and spending responsibly with The First National Bank of Elmer's Student Checking Account. This personal checking account for students 14 and older offers an Instant Issue Visa® check card, no monthly service charge, and no minimum balance. (Students under 18 require a joint signer.) To learn more, visit https://lnkd.in/eBH_tdtQ #studentchecking
To view or add a comment, sign in
-
-
This is a follow up to one of our recent articles. If you are new to following HigherEdRisk and would like to join the conversation, find us here: https://lnkd.in/gRNUMqZs https://lnkd.in/gnhJJ9S9
Risk Mitigation Maestro -Dynamic leader with a proven record in driving sustainable growth and operational resilience supported by effective collaboration with public and private sector stakeholders.
As a follow-up to, https://lnkd.in/geY6gnTG, I found an insightful article echoing similar regulatory concerns. According to an article in Higher Ed Dive, 4 key areas will be under heightened regulatory scrutiny: - Tuition payment plans - Overdue fees - Data privacy - Communication and consent Cheryl Mazeski, a consultant for ECSI, notes that there is a "disconnect between how regulators see schools and how schools see themselves." This quote highlights the need for change. Focusing on transparency, communication and supporting a strong risk management framework is integral for institutions to align with current and future regulatory expectations. #HigherEdRisk #Regulatory #Compliance #EducationRisk #riskmanagement
To view or add a comment, sign in
-
Findings from our recent Credit Monitoring Study revealed more consumers opened new credit accounts shortly after starting to monitor their credit. Download the full study to find out what credit products they’re interested in: https://lnkd.in/gqSyGZfY #CreditTrends #ConsumerCredit #CreditEducation #FinancialInclusion
To view or add a comment, sign in
-
🔐 Are you taking steps to protect personal information? 🔐 Safeguarding sensitive data is not just smart—it's essential! If that info falls into the wrong hands, it could lead to fraud or identity theft. Protect your business and your customers by following these 5 key principles: 1️⃣ Take stock: Know what personal info you have on file. 2️⃣ Scale down: Only keep what you need. 3️⃣ Lock it: Secure the information you manage. 4️⃣ Pitch it: Properly dispose of what you don’t need. 5️⃣ Plan ahead: Have a response plan for security incidents. 🎥 Watch the video for practical tips on data security, and explore more resources to educate your employees and customers! 👉 https://lnkd.in/gRhsYp62 This information is provided by the Federal Trade Commission, Bureau of Consumer Protection. #DataSecurity #ProtectYourBusiness #StaySafe #CyberSecurityTips #HomeStateBank Member FDIC. Equal housing lender. #banks #finance #money #banking #ruralbank #kando #communitybank #bank #business #realestate #MN #cash #financialfreedom #economy #investment #trading #usa #payments
Online Education Center || Home State Bank
onlinebanktours.com
To view or add a comment, sign in
-
Findings from our recent Credit Monitoring Study revealed more consumers opened new credit accounts shortly after starting to monitor their credit. Download the full study to find out what credit products they’re interested in: https://gag.gl/6DNcx0 #CreditTrends #ConsumerCredit #CreditEducation #FinancialInclusion
To view or add a comment, sign in
-
In today's financial environment, understanding the ins and outs of credit is more than just a necessity—it's a cornerstone of sound financial planning. Credit education plays a crucial role in empowering individuals to make informed financial decisions and achieve their goals. It encompasses a wide range of knowledge and skills related to credit management, credit scores, and credit reports. By understanding the importance of credit education, individuals can take control of their financial well-being and navigate the complex world of credit with confidence. Credit education is of paramount importance in today's financial landscape. It empowers individuals to build a strong credit foundation, improve their credit scores, make informed financial decisions, protect against identity theft, and access a wide range of financial opportunities. By investing in credit education, individuals can take control of their financial future and pave the way for long-term financial success. . . . www.edhrc.org #EDHRC #Empowerment #Development #HousingResource #CommunityBuilding #FinancialEmpowerment #credit #creditscore #creditrepair #FEEDProgram #PrePurchaseCounseling #PostPurchaseCounseling #MortgageCounseling #FinancialEducation #EmpowerCredit #HomeBuyerEducation
To view or add a comment, sign in
-
-
Findings from our recent Credit Monitoring Study revealed more consumers opened new credit accounts shortly after starting to monitor their credit. Download the full study to find out what credit products they’re interested in: https://lnkd.in/eRcG5dRY #CreditTrends #ConsumerCredit #CreditEducation #FinancialInclusion
To view or add a comment, sign in
-
Findings from our recent Credit Monitoring Study revealed more consumers opened new credit accounts shortly after starting to monitor their credit. Download the full study to find out what credit products they’re interested in: https://lnkd.in/gcm-HCr7 #CreditTrends #ConsumerCredit #CreditEducation #FinancialInclusion
To view or add a comment, sign in